Page 91 - Latest Updates on SEBI
Sebi asks CAs to be extra careful while auditing cos listed on SME exchange
Sebi's whole-time member Ashwani Bhatia expressed satisfaction with progress of SME platform, stating that Rs 14,000 cr has been raised by such entities, with Rs 6,000 cr being raised in FY24 alone
 "Sebi asks CAs to be extra careful while auditing cos listed on SME exchange")
New IPO! Blackstone-owned IGI India files DRHP with Sebi to raise Rs 4k cr
IGI IPO: With this initial public offering, the company is offering a fresh issue of shares worth up to Rs 1,250 crore and an offer for sale of Rs 2,750 crore of equity shares
 "New IPO! Blackstone-owned IGI India files DRHP with Sebi to raise Rs 4k cr")
Anil Ambani banned from security market for 5 yrs, fined Rs 25 cr by Sebi
Anil Ambani and 24 other entities have been barred from the securities market for five years for fund diversions from Reliance Home Finance Ltd
 "Anil Ambani banned from security market for 5 yrs, fined Rs 25 cr by Sebi")
Here's why Hindenburg 2.0 requires a different response from India
Supreme Court in New Delhi should consider bringing back the committee it had set up last year after the New York-based short seller's original report
 "Here's why Hindenburg 2.0 requires a different response from India")
Hindenburg row: Cong holds protests, demands Buch's resignation, JPC probe
Led by state Congress president Ajay Rai, a large number of party leaders and workers protested outside the Raj Bhavan and demanded the formation of a JPC on the recent Hindenburg report
 "Hindenburg row: Cong holds protests, demands Buch's resignation, JPC probe")
Delhi Congress protests at Jantar Mantar for SEBI chief's resignation
The protest at the Jantar Mantar was attended by Delhi Congress chief Devender Yadav, senior leader Sachin Pilot, Kanhaiya Kumar and Udit Raj, among others
 "Delhi Congress protests at Jantar Mantar for SEBI chief's resignation")
Sebi proposes changes to regulations regarding debenture trustees
A consultation paper has been issued to provide clarity on the term 'pecuniary relationship' of Debenture Trustee (DT) with the issuer under the existing norms
 "Sebi proposes changes to regulations regarding debenture trustees")
ICICI Securities pays Rs 69.82 lakh to Sebi, set to delist from markets
ICICI Securities resolves Sebi case with Rs 69.82 lakh settlement, concurrently gains NCLT approval for delisting despite some objections from minority shareholders
 "ICICI Securities pays Rs 69.82 lakh to Sebi, set to delist from markets")
Latest global audit norm adoption on regulators' table to upgrade standards
NFRA, other financial watchdogs, MCA to meet next week
 "Latest global audit norm adoption on regulators' table to upgrade standards")
Sebi releases new cyber security framework for regulated entities
Besides, a Cyber Capability Index (CCI) for market infrastructure institutions and qualified regulated entities will be introduced to monitor and assess their cybersecurity maturity
 "Sebi releases new cyber security framework for regulated entities")
Smoke, fire and fog: Looking beyond the haze of Hindenburg allegations
Rather than being ensnared by the specifics of individual allegations, our focus should be on safeguarding Sebi's integrity as an institution
 "Smoke, fire and fog: Looking beyond the haze of Hindenburg allegations")
In a setback to BSE, Sebi denies relief on payment of regulatory fee
Exchange's board has advised payment of Rs 167 cr of dues after regulator's response to letter seeking a review
 "In a setback to BSE, Sebi denies relief on payment of regulatory fee")
No plan to probe Buch over Hindenburg row: FinMin sources deny media report
Hindenburg Research on August 10 alleged that Sebi Chief Madhabi Buch and her husband had alleged investments in obscure offshore funds, which were used in the alleged Adani money syphoning scandal
 "No plan to probe Buch over Hindenburg row: FinMin sources deny media report")
Regulatory failures can damage investor confidence: Cong amid Sebi row
It also said the Indian equity market has so far enjoyed fair weather due to well-regulated markets
 "Regulatory failures can damage investor confidence: Cong amid Sebi row")
Sebi proposes changes in debenture trustee appointment to smoothen process
The change will streamline the process for appointing debenture trustees in the issuance of securities, ensure transparency in the appointment of debenture trustees
TruAlt Bioenergy files IPO papers with Sebi as it aims to mop up Rs 750 cr
Based in Bengaluru, TruAlt Bioenergy focuses on ethanol production, with a daily production capacity of 1,400 kilolitres
 "TruAlt Bioenergy files IPO papers with Sebi as it aims to mop up Rs 750 cr")
Sebi releases guidelines for market borrowing by Category I, II AIFs
Under the rule, Category I and II AIFs are not allowed to borrow or use leverage for investments, except in limited cases for temporary needs
Sebi to expand scope of ESG finance framework to more products: Report
The Securities and Exchange Board of India will consult on introducing social bonds, along with sustainable and sustainability-linked bonds
 "Sebi to expand scope of ESG finance framework to more products: Report")
Sebi categories dues worth Rs 76,293 crore as 'difficult to recover'
Difficult to recover (DTR) dues are those that could not be recovered even after exhausting all modes of recovery
Upcoming IPO: Ethanol producer TruAlt Bioenergy files DRHP; details
The offer for sale consists of up to 18 lakh equity shares by Dhraksayani Sangamesh Nirani, and up to 18 lakh equity shares by Sangamesh Rudrappa Nirani
 "Upcoming IPO: Ethanol producer TruAlt Bioenergy files DRHP; details")